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Incheon to introduce new investment immigration system
Jan 26, 2011
Incheon Metropolitan City is planning to introduce a new real estate investment immigration system this year.Under the proposed system, non-Koreans who invest in properties in the city's Free Economic Zone will be eligible for permanent residency in Korea.By introducing the new s...

Korea ranked highly in IT competiveness
Jan 18, 2011
Korean information technology ranked in the top ten among G20 countries, along with the United States, the United Kingdom and Japan, according to a report released by Korea’s National IT Industry Promotion Agency on January 12.The report was based on index sources, including the ...

Korea and Belgium agree to expand air cargo services
Jan 13, 2011
Incheon-Brussels air cargo transport is expected to increase soon, thanks to an agreement between the Ministry of Land, Transport and Maritime Affairs and its Belgian counterpart to expand air cargo services between and beyond their respective territories, potentially doubling th...

Seoul International 3D Fair starts on January 13
Jan 11, 2011
The Korea Economic Daily will host the Seoul International 3D Fair, the first technology-related exhibition of its kind to be held in Korea, from January 13-16. The fair is organized under the auspices of the Seoul Metropolitan Government, the Ministry of Culture, Sports and Tour...

Korea's shipbuilding industry takes on new challenges
Jan 10, 2011
After suffering briefly from the worldwide recession, experts have expressed optimism that the Korean shipbuilding industry will rise again in the New Year.According to forecasts, local shipbuilders will have a better year this year than last and secure an advantageous position i...

The era of 'smart life' dawns in Korea
Jan 07, 2011
Since smartphones first began storming the Korean market early last year, the so-called "smart life" has dominated Korean society. Seemingly every possible product, from phones to TVs to a whole range of electronic goods, has been labeled "smart" and had its features enhanced.The...

Korea's overseas construction projects exceed $71 billi...
Jan 03, 2011
The Ministry of Land, Transport and Maritime Affairs announced on December 30 that Korean construction companies have bid on $71.57 billion worth of overseas projects. This is a record high and a 45.6 percent increase over last year's $49.1 billion, according to the ministry. In ...

G20 Seoul Summit chosen as most important news of the y...
Dec 22, 2010
CEOs of major Korean corporations chose the G20 Seoul Summit as the most important piece of economic news of the year.According to a survey by the Samsung Economic Research Institute, 22.8 percent of respondents chose the G20 Seoul Summit as most important news item in 2010. Over...

Korea, the Style 2010 held at Coex
Dec 16, 2010
"Korea, the Style 2010" is an event sponsored by the Ministry of Culture, Sports and Tourism and organized by the Korea Craft and Design Foundation. Held at Coex in southern Seoul, it aims to display traditional crafts to stimulate the design industry and help globalize tradition...

Korean hospitals, medical techniques win international ...
Dec 14, 2010
Korean hospitals have begun opening overseas clinics, while also attracting overseas patients and doctors to Korea. Nearly 50 hospitals and medical centers operate overseas clinics in ten countries around the world as of June 2010, according to a survey conducted by the Korea Hea...